GE’s 2.75-120 Wind Turbine Scheduled to Make French Debut

Velocita Energies Selects GE Turbines to Power New Monts du Lomont Wind Farm in Franche-Comté, France ---First Project in France to Use the 2.75-120 Turbine, a Unit for Low-Wind Regions ---Installation Will Contribute to Region’s Objective of Harnessing 600 Megawatts of Wind Power by 2020

SCHENECTADY, N.Y.—AUGUST 5, 2015—GE (NYSE: GE) today announced its 2.75-120 wind turbines will be used in a new wind farm project near Crosey Le Grand, in the Franche Comté region of France. Developed by Opale Energies Naturelles on behalf of Velocita Energies, the installation will contribute to the region's objective of harnessing 600 megawatts (MW) of wind power by 2020.


"Opale and Velocita have always tried to foster local development during projects," said Andrew Lee, CEO of Velocita. "We try to ensure that communities are benefitting from our projects. GE's wind turbines will help us generate more energy in this area, bringing more efficient power to the people who need it."

GE will supply the site with five 2.75-120 wind turbines along with a full service agreement. The 13.75-MW project will be the first in France to use the 2.75-120 model, a unit that will allow developers to enter low-wind regions.

"As one of the largest employers in the Franche Comté region, GE is proud to collaborate with developers like Velocita to help France meet its renewable energy goals," said Anne McEntee, president and CEO of GE's renewable energy business. "The 2.75-120 model is a great example of our continued investment in technology. Over the last few years, we've worked tirelessly on turbine innovation to help open more low-wind speed areas to wind energy."

The Monts du Lomont project is the first time GE and Velocita Energies have worked together to implement a renewable energy solution. Shipment of the wind turbines will occur in the third quarter of 2015 with commercial operation expected to begin in late 2015.

About Velocita
Velocita Energy Developments Ltd. was established in 2011 to finance the development, construction, ownership and operation of utility-scale renewable energy projects in several countries in Europe. It currently operates in the U.K. and France with a total portfolio under active development of over 1,200 MW. For more information, visit www.velocitaenergy.com.

About Velocia Energies
Velocita Energies is Velocita's arm in France. Partnering with Opale Energies Naturelles, it develops a portfolio of more than 20 onshore wind projects totalling circa 750 MW. Monts du Lomont is the pathfinder of a first batch amounting to circa 350 MW, which is in the final phase of development.

About GE
GE (NYSE: GE) imagines things others don't, builds things others can't and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world's most complex challenges related to water availability and quality. Power & Water's six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE's largest industrial business.

Follow GE Power & Water and GE's renewables business on Twitter @GE_PowerWater and @GErenewables.

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